Verizon sells off Verizon Media unit at huge loss

Verizon has announced the sale of its media businesses for US$5 billion The sale includes brands Yahoo and AOL, and is a tacit admission of failure in the media and advertising world following a heavy investment in the space. Both brands are being sold to Apollo Global Management for around US$5 billion, almost half of […]

discovery+ launches in the US

Discovery has become the latest broadcaster to enter the increasingly crowded US streaming market with the launch of discovery+. Launching with the goal of becoming “the definitive product for unscripted storytelling,” discovery+ launches with the most content of any new streaming service with 55,000 episodes from 2,500 shows from brands like HGTV and Food Network. […]

Verizon and Disney renew distribution deal, add Hulu and ESPN+

Disney has renewed and expanded its US distribution deal with mobile operator Verizon. The pair first signed a deal in October 2019 that would give 4G LTE, 5G unlimited, 5G home wireless internet and Fios broadband customers a year’s free access to Disney+. In a new deal, new select Mix & Match Unlimited customers will […]

Disney+ beats Netflix in US consumer satisfaction rankings

Disney+ has topped the ranks of US streaming services for consumer satisfaction, beating streaming pioneer Netflix in the latest American Customer Satisfaction Index (ACSI) Telecommunications report. Disney scored a satisfaction rating of 80 just six months after launch, ahead of Netflix whose score slipped 1% to 78. Disney, which reported 54.5 million subscribers for the […]

Pluto TV announces distribution deals with TiVo and Verizon

ViacomCBS-owned AVOD Pluto TV has announced partnerships with TiVo and Verizon that will see its linear and on demand programming added to the companies’ respective platforms. Announced in October 2019, TiVo+ is the company’s attempt to break into the live streaming space, with the offer of “thousands of movies and TV shows” in an app-free […]

Verizon loses 84k TV subs as lockdown hits new additions

US telco Verizon lost 84,000 Fios TV subscribers in the first quarter, which the company said reflected the ongoing shift from traditional linear video to over-the-top offerings. Speaking to analysts CFO Matt Ellis said that “Fios video net losses accelerated for the quarter, and we expect cord cutting trends to continue”. Ellis said that the […]

Digital TV Europe to host webinar on ad-supported streaming

Digital TV Europe has announced that it will host a webinar discussing the trends in ad-supported streaming on March 24. There is an ever-increasing interest in advertising-based streaming as content owners and distributors look to maximise monetisation. The Digital TV Europe 2020 Annual Industry Survey proves the importance of ad-supported streaming even among streaming players […]

Bernie Sanders wants to break up Comcast, Verizon & AT&T; introduces ‘internet for all’ plan

US Democratic presidential candidate Bernie Sanders has announced his plans for publicly-funded broadband networks and the break up of major service providers. In an issued statement from his campaign, Sanders said that the “greed” of major service providers such as Verizon and Comcast “must end.” According to the International Telecommunication Union in 2017, 76% of […]

Disney signs deal with Verizon to offer customers one free year of Disney+ 

US mobile operator Verizon is offering a year’s free Disney+ to its unlimited customers. In a deal that will save customers US$84 over the year, the offer will be applicable to 4G LTE, 5G unlimited, 5G home wireless internet and Fios broadband customers.  The partnership will also see Verizon become the exclusive US wireless carrier […]

Verizon to roll out new operating structure in 5G push

Verizon in the US has announced a new operating structure as it looks to “optimise growth opportunities” around 5G connectivity. From January 1, 2019 the company’s structure will focus on three customer-facing areas: Consumer, Business and Verizon Media Group / Oath.  These groups will be supported by a network and IT organisation and corporate-wide staff functions. […]

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